Company and Personal News

OKSZ: the price gap should be the tax base

The prime minister's announcement surprised the National Trade Association. On the basis of the 13th of October announcement of the PM, the commercial chains should help the budget for three...

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Further increase in U.S. retail sales

In September, retail sales increased by 0.6 percent in the U.S.A. – announced the U.S. Trade Ministry, on Friday afternoon. The fresh data is a pleasant surprise, because analysts expected...

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Wal-Mart would expand in Russia

Wal-Mart, the world's largest retailer network would purchase the Kopeyka, Russian retail company – reports Bloomberg. The OAO Trade House Kopeyka belongs to the Russian billionaire businessman, Nikolai Tsvetkov, who...

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Hundred million HUF fine for Lidl and for Penny

Lidl was fined 155 million HUF, while Penny Market for 109 million HUF, for unfair distributor practices. In addition to those that mentioned above; investigations are ongoing against six other...

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Hungarian pig breeders cannot compete with the cheap Dutch import

According to the National Federation of Agricultural Cooperators and Producers; the pig breeders are in critical siztuation. They cannot compete with the cheap Dutch imports and do not receive market...

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The CBA will not raise its prices because of the crisis-tax

The CBA cahain will not raise its prices because of the crisis-tax; They hope, that due to the personal income tax reduction a surplus will remain in the pockets of...

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GURU received Golden Effie

The ceremonial handing over of the Effie prizes, was held at the gala evening in the National Theatre, where the Pöttyös GURU received Golden Effie. In 2010, the most prestigious...

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New product on the market: GURU Christmas packages

GURU is about to launch a brand new product for the holidays: 8 mini Gurus wrapped up in a special Christmas gift box. The new product will reach the stores...

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(HU) Magyar Édességgyártók Szövetségének elnöke rostgazdag kekszeket ajánl

Sorry, this entry is only available in HU....

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Tesco Ability Park: Together for a better understanding of people with disabilities

The joint roadshow of Tesco and the Ability Park launched with the participation of hundreds of the schoolchildren of Szeged. The roadshow travels around the country in the scope of...

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Parragh: in the end the consumer pays anyway

To ensure fiscal balance there was no other choice – said Parragh Laszló, chairman of the Hungarian Chamber of Commerce and Industry, over the crisis tax measures notified by Orbán...

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Kométa supported the families of Kolontár with salami

The Kométa'99 Co. offered food donation for the Kolontár-based victims of the red sludge.  The Szemerey Trans transported the donation to the site for free. The Rt Kométa'99 could not...

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Trend2 became a regional center

The 22 thousand square meters Trend2 wholesale fashion center added beauty care to its palette as a new profile. The Trend2wholesale fashion center gives the opportunity to nearly two hundred...

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GKI:Tributes and battles in the budget

The new government announced new temporary tax and impositions, excessing the 2.5 percent of the GDP. Special tax will hit the banking, energy and telecommunications sectors for three years, as...

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A new Hungaricum on the shelves of Coop

The buyers can purchase a new Hungarian product, the so-called Pálinka of the Kings in the stores of Coop. The Coop Group has always paid particular attention, that the vast...

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A new crisis may come – said Nouriel Roubini

The professor who predicted the global economic crisis has stated that probability of the double-bottomed recession is 40 percent. The chanse of a newer recession increased from 35 percent to...

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CBA and the Real can get away from a serious crisis tax

The announcement of the Prime Minister about the crisis taxes did not caused a surprise, since it is already part of the official communication of the past few days. The...

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Prakiker is providing the disabled with helpers in all Hungarian stores

Praktiker was the first store in Hungary to provide the disabled with assistance two years ago, and now the company gives this chances for all those in need in every...

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Hangya Cooperation is back now

Hangya was established in 1898 and then soon has turned into a significant part of the country's rural economy. Now the cooperative company is back: the New Hangya Alliance was...

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New cage EU standard cages will cost 20 billion for the Hungarian egg producers

At the end of the week the Egg Festival will be held in Siófok, where one can learn everything about the “most simple canned” food. But there is not much...

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Poor harvest is expected

There is not any Hungarian wine region, which could be fully satisfied with the harvest this year – said Csaba Horváth, the Secretary-General of the National Council of Wine Communities...

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Decreasing mall building mood in Eastern Europe

According to the datas of the Austrian RegioData research company; Compared to the peak of 2007, the number of mall-building projects in the Southeast, and Eastern European region may decrease...

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Tesco on extra crisis tax on hipermarkets

“We understand and accept the fact that the government is about to face tough decisions. However, we would like to express our worries about the planned extra crisis tax for...

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Industry in Europe accelerates

Industry in Europe accelerates The industrial production in August, continued to grow in the European Union and the trend does not break. Hungary also performing outstandingly. The industrial production grew...

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Erste connected to the network of SuperShop

Erste Bank joins to the one of the largest domestic customer loyalty program, to the network of SuperShop as a point issuer key partner. In the scope of the cooperation,...

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Russian accusations say that its is dangerous to work at Procter and Gamble

Russia’s Health Chief Inspector accused Procter and Gamble’ Russian subsidiary there, that the company violates the premises of the health rules. According to the Health Chief Inspector, th noise level...

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54 percent of the domestic bills are paid late in Hungary

Half of the domestic bills are paid late in Hungary – said Vanek Balázs, leader of the Hungarian branch of the Atradius Credit Insurance Company, although he expects a slow,...

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Nielsen: costumers spending more on global health and beauty trends

With consumers around the world cutting back on discretionary expenses during the recession, Nielsen probed consumers’ attitudes towards health and beauty (H&B) products—where they purchased them and what factors went...

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Sustainable Consumption: Henkel CEO Kasper Rorsted Appeals for Coordinated Action

At the World Conference on Detergents in Montreux, Switzerland, Henkel CEO Kasper Rorsted appealed to all partners and participants in the value chain to commit to coordinated action. “Sustainable development...

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Significant changes in the price of agricultural products

In August, the producer price level of agricultural products increased by 20.1% compared to the corresponding period of the previous year – KSH announced today. More specifically, the price level...

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